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|Trustees and Advisers||
|---|---|
|Trustees' Report||
|Independent
Examiner s Report tothe Trustees||
|Statement of Financial Activities||
|Balance sheet||
|Notes forming
part of the Financial Statement|7-18|
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|Registered|Registered|Office:|Unit 4 Sherwood
Thurston
Road|Court|
|---|---|---|---|---|
||||Lewis ham London||
||||SE137SD||
|Ilinister|in|Charge:|Pastor Oladipo|Eniola|
|Charity|No||1133141||
|Bankers|||Barclays Bank
Lewsham
High|Street|
||||Lewsham
London||
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|OF FINANCIAL ACTIVITIES|FOR THE YE|AR E|DED||||
|---|---|---|---|---|---|---|
|||||Restflcted||Prior|
||Notes||Unreshtcted
Funds
8|income
Funds
6|Total
Funds
6|year
Funds
K|
|Recommended
oetegorlee|by ectivity||||||
|incoming
resources|||||||
|Income and endowments
from:
Donations
and legacies
Total|||155,889.22
155,889.22||155,889.22
155,88g.22|135,494
186,494|
|Resources expended|||||||
|Expenditure
on:
Direct Cost
Support Cast
Governance
Cost
Total|||50,918.03
44,954.07
2,420.00
98,282.10||50,918.03
44,954.07
2,420.00
88,292.10|58,804
82,252
2,420
131,276|
|Net In dome/(expend)turd)
before Ieveetmeet gains/gooses)|||57,597.12||57,597.12|4,218|
|Net gains/(losses)
on investments|||||||
|Nst income/(expenditure)|||||||
|Extraordinary
items|||||||
|Transfers between
funds|||||||
|Other recognised
Reins/(losses)t|||||||
|Gsoe ehd losses on reueluesoo
of sued|eeeele tor the sheer'e|owo ue|||||
|Other gains/(losses)
Net movement
in funds|||67,697.12||67,597.12||
|ReeonoRiatlon
offunds:
Total funds brought forward|||359,579.97||359,579.97|270,510
84,852|
|Prior Year Adjustments|||||||
|Total funds carried foneard|||417,177.09||417,177.09|359,580|
##
|THE REDEENIED C
HOUSE BALANCE SH|HRISTIAN CHu
EET AS AT 31ST|RCH
DECEI|OF GOD[RC
NBER 2020|G]-WIN|NERS-||
|---|---|---|---|---|---|---|
|||||Restricted||Total|
|||Notes|Unrestricted
Funds|income
Funds|Total
Funds|Last
Year|
||||F||F|F|
|Fixed assets
Tangible assets
Total fixed assets||7|7,983.46
7,983.46||7,983.46
7,983 46|10,645
10,645|
|Current assets
Debtors
Cash at bank and in hand
Total current assets||8
11|3,296.59
408,337.04
411,633.63|-
-|3,296.59
408,337.04
411,633.63|3,296
348,059
351,355|
|Creditors: amounts
falling|due within one year|9|2,440.00||2,440.00|2,420|
|Net current assets/(liabilities)|||409,193.63||409,193.63|348,935|
|Total assets less current|liabilities||417,177.09||417,177.09|359,580|
|Creditors: amounts
falling|due after one year||||||
|Provisions
for liabilities|||||||
|Total net assets or liabilities|||417,177.09|-|417,177.09|359,580|
|Funds of the Charity
Unrestricted
funds|||417,177.09||417,177.09|359,580|
|Revaluation
reserve
Total funds|||417,177.09||417,177.09|359,580|
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||||||Restdcted||Prior|
|---|---|---|---|---|---|---|---|
|||Analysis||Unrestricted|income|Total|year|
|||||Funds|Funds|Funds|Funds|
|Donations||nnd lsgsciesr||K|8|E|8|
|Donations|and 9ifts|||97,976.42||97,976.42|108,675|
|Gift Aid||||50,810.22||50,810.22||
|Thanksgiving||||655.00||655.00|425|
|Building||||6,447.58||6,447.58|26,394|
|Total||||155,889.22||155,889.22|135,494|
|TOTAL IHCOEIE||||155,889.22||155,889.22|185,494.06|
|Other information:||||||||
|AE income||in the prior year wes unmstrlcted.||||||
|There was||no any endowment|fund|converted
Into|Income In the|reportina
period.||
##
|Analysis otexpend|iture|||||||
|---|---|---|---|---|---|---|---|
||||Reshicted|||Prior||
|Analysts
rd|expenditure|Unrestricted|income|Endowmer|Total|yea|I'|
|||Funds|Funds|Funds|Funds|Funds||
|DIRECT COST||E|E|5|6|6||
|World Evangelism
Mission||19,160.03|||19,180.03||19,861|
|Honourarium
&Thanksgiving||550.00|||550.00||2,500|
|Welfare||2,105.00|||2,105.00||3,430|
|Stipend s/ Allcwanrns/
Salnies||20,031.81|||20,031.81||31,998|
|Choir/ Key Board/ Music|Expenses||||||200|
|Books/ CDs/ Tepee||355.99|||355.99||1,387|
|Children/
Teenage/
Youth||250.00|||250.00||300|
|Sunday School Exps.||275.00|||275.00||577|
|PAYE & NIC &Pension||8,19D20|||8,190.20||6,373|
|||50918.03|||50,918.03||86604|
|SUPPORT COST||||||||
|Other Oons8ons[ Gift]|&Hospitsliiy|2,824.90|||2,824.90||3,511|
|Repairs, maintenance|and Renewals|147.96|||147.96||962|
|Prinbng, Postage and|Stationary|843.00|||843.DD||2,292|
|Telephone||103.12|||103.12||206|
|Insurance/Licsnces||1,844.74|||1,844.74||2,672|
|Travel Expenses/
Holy|Ghost Conference|7,879.99|||7,879.99||11,539|
|Computer
Cost/ IT||312.73|||312.73|||
|Bank Charges||568.95|||56895||938|
|Refreshment
and Entsrtainmsnt||650.0D|||650.00||76|
|Depreciation||2,661.16|||2,661.16||3,548|
|Equipmsnt
Expensed|||||||1,845|
|Legal &Professional
Fees (Re: Building Exps.)||1,650.00|||1,650.0D||5,305|
|Gift-Aids Administrative|Cost|5,589.12|||5,589.12|||
|Rent||17,462.76|||17,462.76||25,260|
|Vshide Running
Expenses||2,415.64|||2,415.64||4,098|
|||44,954.07|||44,954.07||62 252|
|TOTAL EXPENDITURE||95,872.10|||98,872.10|128,888||
##
##
|services pr
box(es).|ovided
by your independent
examiner.
I|ovided
by your independent
examiner.
I|fno|thing was pai|d please enter|0' in the appropriate||
|---|---|---|---|---|---|---|---|
||OOVERMAMCE COST|||||This Year|Last Year|
|||||||f|2|
|Independent|examiner's|fees||||510.00|510.00|
|Legal Fees||||||||
|Assurance|services other than audit or independent||examination|||||
|Tax advisory fees||||||||
|Other fees|(for example:|financial advice, consultancy,||accountancy|services)-|||
|paid to the|independent|examiner||||1,910.00|1,910.00|
|||||||2,420.00|2,420.00|
##
|6.1 Staff Costs|||
|---|---|---|
||This Year|Last Year|
||f|f|
|Salaries and wages|20,031.81|31,996|
|Social security costs|||
|Pension costs (defined|||
|Other employee
benefits|||
|Total staff costs|20,031.81|31,996|
|||||This|Last|
|---|---|---|---|---|---|
|6.2Average head count in the year||||Year|Year|
|||||Number|Number|
|The parts ofthe charity||in which the employees|work|||
|Fundraising||||||
|Charitable|Activities|||||
|Governance||||||
|Other||||||
|TOTAL||||||
|THE REDEEMED CHRISTIAN CHURCH OF GOD-WINNERS|THE REDEEMED CHRISTIAN CHURCH OF GOD-WINNERS|THE REDEEMED CHRISTIAN CHURCH OF GOD-WINNERS|THE REDEEMED CHRISTIAN CHURCH OF GOD-WINNERS|THE REDEEMED CHRISTIAN CHURCH OF GOD-WINNERS|THE REDEEMED CHRISTIAN CHURCH OF GOD-WINNERS|THE REDEEMED CHRISTIAN CHURCH OF GOD-WINNERS|HOUSE|NOTES TO|THE|
|---|---|---|---|---|---|---|---|---|---|
|ACCOUNTS
CONTINUED|||FOR THE|YEAR|ENDED 31STDECEMBER 2020|||||
|Note 7|Tangible fixed||assets|Freehold||machinery||Fixtures,||
|||||land 8|Computer||&motor|fittings &||
|||||buildings|||vehicles|equipment|Total|
|||||5|E|||5|F|
|At the beginning
ofthe year|||||||4,500.00|42,981.36|47,481.36|
|Additions||||||||||
|Revaluations||||||||||
|Disposals||||||||||
|Transfers *(Add or Deduct)||||||||||
|At end ofthe|year||||||4,500.00|42,981.36|47,481.36|
|7.2 Depreciation
and||impairmenia||||||||
|**Basis|Freehold|Property|||Nil|||||
||Motor Vehicle||||25%|Reducing Balance||||
||Fixtures|&Fittings|||25%|Reducing Balance||||
||Church|Equipment|||25%|Reducing Balance||||
||Computer
Equipment||||20%|Reducing Balance||||
|At beginning|ofthe year||||||3,919.92|32,916.82|36,836.74|
|Disposals||||||||||
|Depreciation|||||||145.02|2,516.14|2,661.16|
|Impairment||||||||||
|Transfers* (Add or Deduct)||||||||||
|At end ofthe|year||||||4,064.94|35,432.96|39,497.90|
|7.3 Net book|value|||||||||
|Net book value at the
Net book value at the||beginning
end ofthe|ofthe Yr.
year||||580.08
435.06|10,064.54
7,548.40|10,644.62
7,983.ยน6|
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|Note 8
Debtors and prepay|Note 8
Debtors and prepay|Note 8
Debtors and prepay|Note 8
Debtors and prepay|ments|ments||||
|---|---|---|---|---|---|---|---|---|
|Please complete this note ifthe charity||||has any debtors or||prepayments.|||
|8.1|Analysis||ofdebtors|||This Year|Last Year||
|||||||5|5||
|Trade|debtors||||||||
|Prepayments||and accrued income|||||||
|Other|debtors|||||3,296.59|3,297||
|Total||||||3,296.59|3,297||
|Please complete 8.2where a material||||debtor is recoverable||more than a year|after the reporting|date.|
|8.2|Analysis||ofdebtors recoverable|in more than|1 year|(included
in debtors|above)||
|||||||This Year|Last Year||
|||||||8|5||
|Trade|debtors||||||||
|Prepayments||and accrued income|||||||
|Other|debtors|||||3,296.59|3,297||
|Total||||||3,296.59|3,297||
##
|Please complete this|note ifthe charity h|as any creditors or|accruals.|||||
|---|---|---|---|---|---|---|---|
||||||Amounts|falling||
|$.1 Analysis ofcreditors||Amounts|falling due|Previous year|due aRer|more||
|||within one year|||than one|year||
||||6||6||6|
|Accruals and deferred|income||2,440.00|||||
|Total|||2,440.00|2,420.00||||
##
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|10.2 ttovements
in recognised|10.2 ttovements
in recognised|10.2 ttovements
in recognised|provisions|and funding|commibnent|dur/ng|the penod|
|---|---|---|---|---|---|---|---|
||||||This|Year|Last Year|
|||||||0|0|
|Balance|at the start ofthe|repoidng|period|||||
|Amounts|added
in current|period||||||
|Amounts|charged against|the provision
in the||current period||||
|Unused|amounts
reversed|during|the period|||||
|Balance|at the end ofthe|reporting|period|||||
##
|TDECEMBER 20|20|
|---|---|
|This Year|Last Year|
|6||
|195,720.50|189,273|
|212,616.54|158,786|
|408,337.04|348059|